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of <h1>Sri Jayadeva Institute of Cardiology Approved Under Section 35(1)(ii) for 1990-1991; Must Maintain Separate Research Accounts</h1> The Sri Jayadeva Institute of Cardiology, located at Victoria Hospital Complex, Bangalore, has been approved under section 35(1)(ii) of the Income-tax Act, 1961, for the period from April 1, 1990, to March 31, 1991. This approval, granted by the Director-General of Income-tax (Exemptions) and the Secretary of the Department of Scientific and Industrial Research, requires the organization to maintain separate accounts for scientific research funds, submit annual research activity returns, and provide audited annual accounts to relevant authorities. The organization must apply for an extension three months before the approval expires.
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